- 
- 
- 
Welcome,
Guest!
Technical
Forex Brokers
Trading Tools |
Euro Dollar - The Euro dropped
2
votes
Mr. Munther Marji is the founder of The Technical Trader Analysis Services, which was founded in May 2003, and still generates technical analysis & forex signals on daily & weekly basis. He came to the world of forex as a broker in Dec 2000, .....
The Euro dropped and broke the specified support in Friday's report 1.4877, successfully reaching the first suggested target 1.4820. But it stayed above the most important support 1.4786. Short-term support is provided by the rising trendline from Friday's low on intraday charts, and if broken we will get another chance to test 1.4786 after Friday's attempt that stopped at 1.4800. The above mentioned support will stay the most important, especially with the rising line from August 17th low getting close to this level. Short-term resistance is 1.4952, and if it is overtaken, then the technical outlook will have the strength to reach 1.5018 first, and if this is broke we have the right to expect 1.5082 for the first time this year.
Support: • 1.4881: the rising trendline from Friday's low on intraday charts. • 1.4820: November 13th low. • 1.4786: Fibonacci 61.8% for the rising move from 1.4625, the most important support for the medium-term. Resistance: • 1.4952: the falling trendline from 1.5047. • 1.5018: Nov 9th & 10th high. • 1.5082: previous resistance from 2008.  Next Analysis:
Content Provided by:
Forexpros
With a solid background in financial markets, our goal is to provide both novice and experienced traders with neutral and unbiased information on specific financial segments, including Brokers, Fund managers, Real-time quotes & charts, Courses, Books, Software Providers, Educational & ...
Disclaimer:
Trading Futures and Options on Futures and Cash Forex transactions involves substantial risk of loss and may not be suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.  Related Products  Price: $ 49.95 Overview Adaptation is the name of the game in long term trading success. Join Fernando Gonzalez ...
 Price: $ 49.95 Overview This course is more than simple rules, this class explores and shows you how to ...
|
|
|||||||||
How many analyses do you read on daily basis? |
|||||||||
 |
|||||||||
Sam Seiden During this session, we will apply what we learned during session one to the world of swing and longer term trading in ...
Nour Eldeen M. Al-Hammouri In this webinar Nour Eldeen M. Al-Hammouri will discuss the Inter-Market Analysis and markets relationships. He will ...
Karen Kizer In this session Karen Kizer will discuss the forex market for beginners. No one was born a forex trader. However, you ...
|
|||||||||
|
